PRESCO
AGRICULTURE NGXPRESCO
closing price · trade date July 21, 2026
Key Trading Data
Latest imported Nigerian Exchange session data.
About PRESCO
Presco Plc is a leading Nigerian agricultural company specializing in the cultivation of oil palm, extraction of crude palm oil, and production of specialty fats.
Presco Plc, which has historically operated as a subsidiary of the Siat Group, operates fully integrated agro-industrial plantations in Nigeria. The company specializes in the cultivation of oil palm, extraction of crude palm oil, and the refining and fractionating of crude palm oil into specialty fats and oils for domestic and industrial users.
Presco operates plantation and processing assets in southern Nigeria, with core operations historically associated with Edo State, and reports using integrated plantation and processing practices. Presco is one of Nigeria's notable domestic producers of palm oil products, which supports local supply of edible oils, and its plantation and processing operations support direct and indirect employment in its operating areas.
Presco was incorporated as a private limited liability company in 1991 and subsequently listed on the Nigerian Stock Exchange in 2002. Over the decades, it has expanded its operations to serve domestic and industrial palm oil demand.
Fundamentals & Ratios
Company metrics where available.
Dividend History
Operational Footprint
Presco manages extensive oil palm plantations, nursery setups, and palm oil mills in southern Nigeria. Its integrated structure allows the company to oversee the entire value chain from seed cultivation to the delivery of refined specialty products. This vertical integration may reduce some supply-chain exposure, though the company remains exposed to agricultural, logistics, regulatory, and market risks, while helping to maintain quality output.
Market Position and Industry Context
As one of the notable listed palm-oil producers on the NGX, domestic palm-oil producers like Presco may benefit from Nigeria's import tariffs/restrictions on palm oil, subject to current trade policy. The rising domestic demand for vegetable oil and industrial fats supports the company's long-term commercial activities. It supplies palm oil and refined products to industrial and domestic customers.